Cosmedic Shop Ltd

Cosmedic Shop Ltd, based in Preston, UK, is a small, active company founded five years ago in 1999. It holds £89,919 in assets and operates an e-commerce site, managed by one director and owner. The business specializes in the retail sale of goods via stalls, markets, mail order, and the internet, supplying a wide range of beauty and personal care products.

The company's website, Cosmedic Supplies, showcases a vast selection of microblading pigments, machines, and accessories. It caters to professional makeup artists and beauty technicians, offering brands like Biotek, Tina Davies, and World Famous Ink. The site also includes educational resources, such as online courses and blog posts on microblading techniques. It's a comprehensive platform for those in the permanent makeup industry.

Financially, Cosmedic Shop Ltd presents a mixed picture. Current assets have decreased by 25% to £90,000, while net assets have increased by 40% to £67,000. Cash bank on hand has dramatically fallen by 92% to just £6,600, a significant drop. Trade debtors have increased substantially by 160% to £22,000, potentially indicating a shift in payment terms or increased sales on credit. Loans from directors have also seen a dramatic change, decreasing by 100% but with a simultaneous increase of 650% for funds within one year, suggesting a restructuring of financing. Depreciation on motor vehicles has increased by 32%, which is not a good sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the sharp decline in cash reserves is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Cosmedic Shop Ltd seems to be navigating a period of change. While sales appear strong, the company needs to manage its cash flow more effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 12130121, with a registered address at PR1 5DL, England, Preston, Unit A1, Harrison Trading Estate, Longworth Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.